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$263,324

3751 County Road 321, Terrell, TX, 75160

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,248 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.26 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Oven, Electric Range, Microwave

Exterior

Exterior FeaturesStorage
Lot Size3.94 acres

Building Information

Year Built1996
Stories1
Roof Type105

Land Information

APN99.0444.0000.0022.15.06.00
SubdivisionWm Smith
Land UseResidential
Legal DescriptionWM SMITH, TRACT 22.15; 3.935 ACRES, LABEL# NTA0616583, TITLE: MH01070736
Census Tract050601
Assessed Land Value$204,380
Assessed Improvement Value$58,944
Assessment Year2025

About this property

STILL ACCEPTING SHOWINGS & BACKUP OFFERS! Dreaming of peaceful, country living? Look no further for your perfect slice of countryside charm! Located in Terrell, TX, this 3.9-acre residence is more than just land. it’s a canvas for building the life you’ve always wanted. Imagine mornings spent on the covered porch, coffee in hand, as you watch the sunrise over your own piece of Texas. With no restrictions, you have the freedom to create the perfect place for your family, making this your forever home and adding space for what matters most. The property features a 16x20 shop and a 12x14 shed, offering plenty of space for your projects and passions, all secured by barbed wire fencing. Start fresh and embrace the essence of Texas country life and make it your own!

Investor Tools

Property Icon
$263,324
Estimated Property Value
$197,125Estimated Mortgage Balance
$0Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,580 /month
Positive
Cash Flow Estimate:
$527 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,022
$263,324
2025
$204,380
$58,944
$263,324
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,022
$263,324

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dept Of Housing & Cmnty Affairs
Stand Alone Second / Subordinate Position
$197,125
No
First
Oct 11, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,128
N/A
0%
145%
$2,364/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Terrell

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3751 County Road 321 | Property Details | No Agent List